Acquisition - February 3, 2021
AstraZeneca to divest Viela shareholding
AstraZeneca has agreed, subject to certain limited exceptions, to divest its 26.7% ownership in Viela Bio, Inc., as part of the proposed acquisition of Viela by Horizon Therapeutics. AstraZeneca is anticipating to receive cash proceeds and profit of c.$760-$780m upon closing for the sale of the holding, which will be recorded in Reported and Core […]